206 E Live Oak D ST # D, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,555,944. I'd recommend coming to market at $1,509,000 to $1,603,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in 78704. The larger floor plan (174 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.34 acre lot (larger than the 0.19 acre average) is reflected in the estimate. Buyers in 78704 have 4 comparable options right now, with asking prices between $1,450,000 and $2,519,000. The trend in 78704 shows prices have fallen 2.8% in the past 6 months. 2118 Glendale PL # 1, Austin TX 78704 nearby adjusts to $971,401; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group